NYSE:GTXGarrett Motion Stock Price, Forecast & News

Garrett Motion's stock was trading at $4.86 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, GTX shares have increased by 45.1% and is now trading at $7.05.
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6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Garrett Motion in the last year. There are currently 2 sell ratings and 4 hold ratings for the stock, resulting in a consensus recommendation of "Hold."
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Garrett Motion is scheduled to release its next quarterly earnings announcement on Friday, November 13th 2020.
View our earnings forecast for Garrett Motion.

Garrett Motion Inc (NYSE:GTX) posted its earnings results on Thursday, July, 30th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.65) by $0.72. The business earned $477 million during the quarter, compared to analysts' expectations of $356 million. Garrett Motion had a net margin of 7.66% and a negative return on equity of 8.10%.
View Garrett Motion's earnings history.

6 brokerages have issued 1-year price targets for Garrett Motion's shares. Their forecasts range from $2.00 to $22.00. On average, they expect Garrett Motion's stock price to reach $8.50 in the next twelve months. This suggests a possible upside of 20.6% from the stock's current price.
View analysts' price targets for Garrett Motion.

Media coverage about GTX stock has trended extremely negative recently, according to InfoTrie Sentiment Analysis. The research group identifies positive and negative news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Garrett Motion earned a media sentiment score of -4.0 on InfoTrie's scale. They also gave headlines about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next few days.
View the latest news about Garrett Motion.

Garrett Motion saw a decrease in short interest during the month of May. As of May 29th, there was short interest totaling 1,920,000 shares, a decrease of 18.6% from the May 14th total of 2,360,000 shares. Based on an average daily trading volume, of 993,400 shares, the short-interest ratio is presently 1.9 days.
View Garrett Motion's Short Interest.

Some companies that are related to Garrett Motion include Dana (DAN), Meritor (MTOR), Delphi Technologies (DLPH), Adient (ADNT), Gentherm (THRM), Veoneer (VNE), Standard Motor Products (SMP), American Axle & Manufact. (AXL), Tower International (TOWR), Stoneridge (SRI), Tenneco (TEN), Lydall (LDL), Motorcar Parts of America (MPAA), Modine Manufacturing (MOD) and Cooper-Standard (CPS).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Garrett Motion investors own include Honeywell International (HON), Resideo Technologies (REZI), CVS Health (CVS), Johnson & Johnson (JNJ), Procter & Gamble (PG), Home Depot (HD), Verizon Communications (VZ), Cisco Systems (CSCO), Alibaba Group (BABA) and Raytheon Technologies (RTX).

Garrett Motion trades on the New York Stock Exchange (NYSE) under the ticker symbol "GTX."

Garrett Motion's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include America First Investment Advisors LLC (1.64%), Bank of New York Mellon Corp (0.84%), Thompson Siegel & Walmsley LLC (0.77%), Principal Financial Group Inc. (0.75%), Gamco Investors INC. ET AL (0.72%) and Goldman Sachs Group Inc. (0.72%). Company insiders that own Garrett Motion stock include Craig Balis, Fabrice Spenninck, Olivier Rabiller and Thierry Mabru.
View institutional ownership trends for Garrett Motion.

GTX stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Tocqueville Asset Management L.P., Gamco Investors INC. ET AL, Meitav Dash Investments Ltd., Prudential Financial Inc., Goldman Sachs Group Inc., 6 Meridian, and State of Tennessee Treasury Department. Company insiders that have sold Garrett Motion company stock in the last year include Fabrice Spenninck, Olivier Rabiller, and Thierry Mabru.
View insider buying and selling activity for Garrett Motion.

GTX stock was bought by a variety of institutional investors in the last quarter, including Teacher Retirement System of Texas, Ensign Peak Advisors Inc, Grantham Mayo Van Otterloo & Co. LLC, Advisor Group Holdings Inc., WINTON GROUP Ltd, Gabelli Funds LLC, Raymond James Financial Services Advisors Inc., and S. Muoio & CO. LLC.
View insider buying and selling activity for Garrett Motion.

Shares of GTX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of GTX stock can currently be purchased for approximately $7.05.

Garrett Motion has a market capitalization of $533.23 million and generates $3.25 billion in revenue each year. The company earns $313 million in net income (profit) each year or $3.86 on an earnings per share basis. Garrett Motion employs 8,600 workers across the globe.

The official website for Garrett Motion is www.garrettmotion.com.

Garrett Motion's mailing address is LA PIECE 16, ROLLE V8, 1180. The company can be reached via phone at 41-21-695-3000 or via email at [email protected]